• 8681 w. sahara ave. • office OFFERING MEMORANDUM

8681 W. SAHARA AVE. table of contents

EXECUTIVE SUMMARY

Financials

tenant profile

location overview

photos

DEMOGRAPHICS

JAMES S. HAN, CCIM DEREK BELANUS Market VP of Commercial Sales & Leasing VP of Commercial Sales & Leasing  702.825.2125  702.286.2355  [email protected][email protected] License: NV BS.0144720.LLC License: NV BS.0143114.PC • 8681 8681 w. w. sahara sahara ave. ave. • • officeoffice

01 EXECUTIVE SUMMARY PROPERTY OVERVIEW

pROPERTY DETAILS THE OPPORTUNITY • 8681 w. sahara ave. • office EXECUTIVE SUMMARY 8681 W. SAHARA AVE. Las Vegas, NV 89117

PRICE PROPERTY OVERVIEW $3,050,000 Northcap Commercial Is Pleased To Offer A Prime Investment Opportunity. This Leased Investment Is Located Within The Lake Sahara Plaza. This 100% Leased Professional Office Is Situated In A GROSS RENTABLE AREA Professional Office Complex And Is Conveniently Placed In The Busy Sahara Corridor Near Durango Drive. The Immediate Area Offers Financial and Medical Services, Retail and Restaurants. 12,320 SF Disclaimer: Our information is deemed reliable but not guaranteed. Buyer to verify all information. PROPERTY DETAILS NOI $196,244 Sale Type Leased Investment Price/SF $247.56 Sale Condition Cash Tenancy 3 Tenants CAP RATE Property Type Office Building Height 2 Stories

Typical Leased 100% 6,160 SF 6.4% Floor Size

Building Size 12,320 SF Parcel # 163 - 05 - 510 - 024 YEAR BUILT Sahara - 35,000 CPD Building Class B Traffic Count Durango - 26,000 CPD

1999 Zoning C - 1 Land Acres 0.68 AC

*Starting Sept, 2021

INVESTMENT OPPORTUNITY • • 4 financials • 8681 w. sahara ave. • office financials • rent roll

UNIT TENANT SIZE PERCENTAGE % MONTHLY RENT ANNUAL RENT LEASE TERM OPTION RENEWAL DATE

100 Patriot Growth Insurance Services 6,160 RSF 50% $10,000.00 $120,000.00 5 Years 1 - 3 years 8/31/25

Fixed rent for 5 years with 5% increase at renewal.

$7,314.00 200, 250, 280 Kinetic 4,840 RSF 39% $87,768.00 3 Years 08/31/2024 Until 8/2021

$7,600.00 $91,200.00 3 Years Starting 9/2021

220 Tucker & Associates 1,320 RSF 11% $1,980.00 $23,760.00 5 Years 1 - 5 years 12/31/25

Local Accounting Firm with plans to stay for 10 years. Has annual increases built in after year Yr 2

INVESTMENT OPPORTUNITY • • 5 tenant profiles • 8681 w. sahara ave. • office

tenant profiles

KINETIC

SUITE 100 SUITE 280 SUITE 220

Suite Square Footage: 6,160 RSF Suite Square Footage: 4,840 RSF Suite Square Footage: 1,320 RSF

Lease Expiration Date: 8/31/2025 Lease Expiration Date: 8/1/2024 Initial Occupancy: 1/01/2021

Lease Expiration Date: 12/31/2025 Patriot Growth Insurance Services Private Equity backed Insurance broker with Kinetic a national footprint. 53rd largest broker Kinetic is in the solar space. Rapid growing Tucker and Associates in the country. Growing rapidly. Revenues company. Local Tax accountants. north of $70M. Locations across the country.

INVESTMENT OPPORTUNITY • • 6 LOCATION OVERVIEW • 8681 w. sahara ave. • office

DOWNTOWn SUMMERLIN

QUEENSRIDGE CHARLESTON BLVD.

SAHARA AVENUE CANYON GATE COUNTRY CLUB

THE LAKES DURANGO ROAD SUBJECT

LOCATION OVERVIEW

Northcap Commercial Is Pleased To Offer A Prime Investment Opportunity. This

Leased Investment Is Located Within The Lake Sahara Plaza. This 100% Leased

Professional Office Is Situated Adjacent to The Lakes, Canyon Gate Country

Club and is in close proximity to Peccole Ranch and Summerlin.

INVESTMENT OPPORTUNITY • • 7 • 8681 w. sahara ave. • office

02

PROPERTY PICTURES EXTERIORS

INTERIORS

AERIALS EXTERIOR PICTURES • 8681 w. sahara ave. • office

EXTERIOR PICTURES

INVESTMENT OPPORTUNITY • • 9 EXTERIOR PICTURES • 8681 w. sahara ave. • office

INVESTMENT OPPORTUNITY • • 10 INTERIOR PICTURES • 8681 w. sahara ave. • office

INTERIOR PICTURES

INVESTMENT OPPORTUNITY • • 11 INTERIOR PICTURES • 8681 w. sahara ave. • office

INVESTMENT OPPORTUNITY • • 12 AERIAL PICTURES • 8681 w. sahara ave. • office

AERIAL PICTURES

INVESTMENT OPPORTUNITY • • 13 • 8681 8681 w. w. sahara sahara ave. ave. • • officeoffice

03 DEMOGRAPHICS & las vegas market Demographic and Income Comparison Profile

8681 W Sahara Ave, Las Vegas, , 89117 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 36.14238 DEMOGRAPHICS • 8681 w. sahara ave. • office Longitude: -115.28167 1 mile 3 miles 5 miles Census 2010 Summary Population 17,470 157,597 414,148 Hdemographicouseholds report 7,540 63,617 162,899 Families 4,432 39,448 101,427 Average Household Size 2.32 2.47 2.53 Owner Occupied Housing Units 4,070 35,013 87,923 Renter Occupied Housing Units 3,470 28,604 74,976 Median Age 40.6 39.6 38.0 2020 SUMMARY 1 MILE 3 MILES 5 MILES 2020 Summary Population 18,529 171,445 468,632 Households 7,965 69,174 182,445 Families 4,603 42,230 112,113 Average Household Size 2.33 2.47 2.56 Owner Occupied Housing Units 4,088 35,824 93,974 Renter Occupied Housing UnDeits mographic and Income3, 876Comparison P33rofile,350 88,471 Median Age 42.8 41.7 39.7 Median Household Income 8681 W Sahara Ave, Las Vegas, Nevada, $6089117,500 $60,065 Prepar$57ed ,0by61 Esri Average Household Income DeRings:mo 1, 3g, ra5 mipleh raicdii and Incom$92e,2 C01omparison P$88rofile,109 Latitude:$85 36.,41423858 Longitude: -115.28167 2025 Summary 8681 W Sahara Ave, Las Vegas, Nevada, 89117 Prepared by Esri 2020 HOUSEHOLDS BY INCOME 1 mile 3 miles 5 miles Population Rings: 1, 3, 5 mile radii 19,556 183,068 Latitude:500 36.,81423826 2020 Households by Income Number Percent Number Percent Number Percent Households 8,390 73,764 Longitude: -115.28194,461167 <$15,000 767 9.6% 6,131 8.9% 17,529 9.6% Families 4,837 44,924 119,257 $15,000 - $24,999 7271 mile 9.1% 5,3651 miles 8.2% 15,9495 miles 8.7% Average Household Size 2.33 2.47 2.57 20$25,00010 Popu -l a$t3i4o,n9 9by9 Age Number829 Perce10.4%nt Num6,206ber Perce9.0%nt Num17,62be9r Percent9.7% Owner Occupied Housing Units 4,292 38,309 100,839 A$3g5e ,0 0-0 4 - $49,999 880948 11.9%5.0% 10,198,4369 14.7%5.4% 25,7528,1461 15.4%6.2% Renter Occupied Housing Units 4,098 35,455 93,622 A$5g0e ,50 0-0 9 - $74,999 1,823385 17.4%4.7% 12,8288,836 18.5%5.6% 32,5125,4022 17.8%6.1% Median Age 43.2 42.0 39.9 Age$75 ,1000 0- -1 4$99,999 936917 11.5%5.4% 9,8,493935 12.9%6.0% 25,7422,7141 12.4%6.2% Median Household Income $63,847 $64,199 $60,746 A$1g0e 01,50 0-0 1 -9 $149,999 1,963089 13.7%5.5% 9,745529 13.8%6.2% 2523,872,687 13.1%6.2% Average Household Income $97,858 $96,361 $93,838 Age$15 020,0 0-0 2 -4 $199,999 1,511173 6.7%4% 9,4,963460 6.3%4% 26,3510,6476 6.5.4%8% A$200,000+ge 25 - 34 2,792704 15.5%9.9% 22,145,2364 14.1%7.6% 5913,44,7277 14.4%7.4% TrenAdgs:e 2305 2-0 4-42025 Annual Rate 2,306 13.2% 22,792 14.5% 60,795 14.7% Population 1.08% 1.32% 1.34% AMgeed i4a5n -Hou 54sehold Income $60,502,7170 15.5% $60,06524,433 15.5% $5759,471,061 14.4% Households 1.05% 1.29% 1.28% AAvegera 5ge5 - Ho64usehold Income $92,202,4351 13.9% $8820,617,109 13.1% $8549,42,4582 11.9% Families 1.00% 1.24% 1.24% APegre C6a5p i-ta 7 4Income $31,9,513600 8.7% $312,425,4873 7.9% $3323,,340480 7.8% OwAgener 75Ho use- 84holds 768 4.4%0.98% 6,503 4.1.1%35% 17,775 1.4.42%3% MeAdgiaen 8 Hou5+ sehold Income 252 1.4%1.08% 2,213 1.1.4%34% 5,681 1.1.26%4% 202020 2POPULATION5 Households by BY In AGEcome Number Percent Number Percent Number Percent <$15,000 761 9.1% 6,072 8.2% 17,486 9.0% 20$2105 ,P0o0p0u -l a$2ti4o,n9 9by9 Age Number703 Perce8.4%nt Num5,430ber Perce7.4%nt Num15,367ber Percent7.9% $25,000Age 0 - 4 - $34,999 823839 9.4.8%5% 6,8,207330 8.4.4%9% 17,6226,611 9.5.1%7% $A3g5e ,50 0-0 9 - $49,999 985835 11.7%4.5% 10,508,5846 14.2%5.0% 2926,185,943 15.0%5.7% $Age50 ,1000 0- -1 4$74,999 1,438891 17.1%4.8% 13,2058,771 17.9%5.1% 33,5727,0982 17.3%5.8% $A7g5e ,1050 0- -1 9$99,999 1,020828 12.2%4.5% 9,8,902912 13.4%5.2% 25,228,896 13.0%5.5% $Age10 020,0 0-0 2 -4 $149,999 1,224215 14.6%6.6% 10,80410,680 14.6%6.2% 26,9229,141 13.8%6.2% $A1g5e 02,50 0-0 3 -4 $199,999 2,613758 14.9%7.3% 25,115,4832 14.6%7.4% 1268,925,209 14.6%6.6% $200,000+Age 35 - 44 2,823429 13.1%9.8% 22,4516,155 13.1%8.3% 16,1462,2292 13.3%8.3% Age 45 - 54 2,369 12.8% 23,134 13.5% 61,181 13.1% MAgeed i5a5n -Hou 64sehold Income $63,842,7557 14.9% $64,19924,425 14.2% $6059,51,7469 12.7% AveAgera 6ge5 - Ho74usehold Income $97,852,1808 11.8% $9618,77,3619 11.0% $9348,838,409 10.3% PeAgre C7a5p i-ta 8 4Income $41,928088 5.9% $38,9,747116 5.3% $324,676,6785 5.3% Age 85+ 341 1.8% 3,150 1.8% 8,735 1.9%

2025 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 897 4.6% 9,074 5.0% 28,973 5.8% Age 5 - 9 872 4.5% 9,086 5.0% 28,524 5.7% Age 10 - 14 899 4.6% 9,334 5.1% 28,560 5.7% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025. Age 15 - 19 917 4.7% 9,065 5.0% 27,172 5.4% Age 20 - 24 1,119 5.7% 10,439 5.7% 29,68Februa1 ry 23, 20215.9% Age 25 - 34 2,912 14.9% 26,993 14.7% 72,844 14.5% INVESTMENT OPPORTUNITY • • 15 ©2021 Esri Age 35 - 44 2,621 13.4% 24,745 13.5% 68,126 Page13.6% 1 of 7 Age 45 - 54 2,342 12.0% 22,725 12.4% 60,570 12.1% Age 55 - 64 2,690 13.8% 24,643 13.5% 60,690 12.1% Age 65 - 74 2,451 12.5% 21,162 11.6% 53,381 10.7% Age 75 - 84 1,439 7.4% 12,174 6.7% 32,257 6.4% Age 85+ 397 2.0% 3,627 2.0% 10,044 2.0%

Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

February 23, 2021 Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025. ©2021 Esri Page 2 of 7 February 23, 2021

©2021 Esri Page 3 of 7 LAS VEGAS MARKET DEVELOPMENT PROJECTS • 8681 w. sahara ave. • office

VIRGIN HOTEL

Excerpt from rgj.com By Ed Komenda | February 2021

” Las Vegas has a new opening date.

The resort on the former site of the Hard Rock will open on March 25.

“Today we are not only celebrating the fact that we finally get to welcome back guests to the most exciting resort to open in Las Vegas in years, but we also get to bring our team members back to work,” said Richard Bosworth, CEO of JC Hospitality – owner of Virgin Hotels Las Vegas – in a statement Thursday.

The new opening date comes exactly one month after the company announced the debut would be delayed due to COVID-19.

The Hard Rock Hotel and Casino closed after the Super Bowl in February 2020 for remodeling and rebranded as a Virgin Hotel after it was purchased

Billionaire investor and founder purchased the property with a group of partners, including - based investment firm Juniper Capital Partners. The terms of the purchase from Brookfield Asset Management were not disclosed.

Branson, who has previously rappelled down a casino-hotel and got on a jet ski in the fountains outside the casino-resort to promote his businesses, promised an “equally fun” event for the hotel’s official launch...”

LAS VEGAS MUNICIPAL COURTHOUSE

Excerpt from molaskyco.com February 2020

”The Molasky Group of Companies and the City of Las Vegas entered into a public private partnership to develop the Las Vegas Municipal Courthouse in the civic corridor of .

The four-story, 139,431 sq. ft. development will be located on approximately one acre at the SW corner of Clark Avenue and 1st Street. Sited to the southeast of the , the Municipal Courthouse is designed to complement City Hall while starting to create a complex of City facilities. The site is located near the City parking garage, the Detention Center, and the Regional Justice Center. The Courthouse is designed to meet LEED Silver level requirements and will be built for approximately $56.3M.

Joining The Molasky Group on the development team are: Martin Harris Construction as general contractor, PGAL as lead architect, X-9 Design Group as design architects, Walter P. Moore as structural engineer, MS Engineering for MEP and ITS, and GCW Engineering as civil engineers.

The four-story facility will house the City’s Municipal Court functions including Traffic Court, six additional Courtrooms, City Attorney’s office, customer service, court administration, classrooms and public space. Included in a sub-basement level will be secure parking and a sally port for prisoner transportation. Construction is scheduled to commence around August 2019 and will bring more than 150 construction jobs to downtown Las Vegas. The project will be complete by January 2021...” INVESTMENT OPPORTUNITY • • 17 DEVELOPMENT PROJECTS

UNCOMMONS

Excerpt from ktnv.com October 2020

”UnCommons, a first-of-its-kind development coming to Durango Drive and the 215 Beltway in late 2021, has unveiled plans for Platform One, Las Vegas’ first neighborhood food hall.

Concepted by Batch Hospitality (Batch), Platform One will call on some of the city’s best culinary talent to contribute their individuality to a harmonious space of shared passion for unsurpassed gastronomy.

The announcement comes on the heels of Batch’s participation in “UnCommons Heroes,” the delivery of nearly 4,000 upscale meals to healthcare professionals at hospitals throughout the with Matter Real Estate Group (Matter), the developer behind UnCommons. Evan Glusman, a partner in Batch along with Wayne F. Jefferies and Chef Chris Conlon, provided more than 1,000 dinners from his family restaurant, Piero’s Italian Cuisine.

A $400 million project, UnCommons will also offer more than 830 apartment units and over 500,000 square feet of office space ranging from small creative spaces to full floor opportunities for corporate tenants with integrated amenities to promote collaboration, flexibility, wellness, quality work and social interaction for today’s employees who prioritize community, inspiration and lifestyle

Partners within the Matter team, whose goal is to elevate the everyday human experience and enable people, businesses and communities to thrive, have led the development for other Las Vegas projects including , an open-air gathering place with shopping, dining and entertainment located south of the ; and Centra Point, one of the largest master-planned business parks in boasting 30 acres and 10 buildings with more than 450,000 square feet of office and retail space...”

VIRGIN HIGH SPEED TRAINS

Excerpt from www.reviewjournal.com November 2020

”The company planning a high-speed rail line between Las Vegas and Southern California is in early talks to extend the line to Rancho Cucamonga, where a Metrolink station could connect passengers directly to Los Angeles.

Virgin Trains USA and the San Bernardino County Transportation Authority entered into a memorandum of understanding Wednesday to allow for a study about extending the 170-mile rail line mainly down Interstate 15, through the Cajon Pass, into Rancho Cucamonga. Rancho Cucamonga lies about 35 miles southwest from Victorville, the current planned terminus of the rail line in the Golden State, and 40 miles east of downtown Los Angeles.

“We appreciate San Bernardino County’s support for our high-speed rail project and this unique opportunity to explore added connectivity within the I-15 corridor,” said Ben Porritt, spokesman. “A future extension to Los Angeles through Palmdale and Rancho Cucamonga will provide Southern California residents full access to our high-speed rail service to Las Vegas. Greater connectivity and mobility brings with it economic opportunities, jobs and positive environmental benefits.”

The possible extension would occur in Phase Two of the $4.8 billion project and would provide another option for those traveling into and out of the L.A. area to get to Las Vegas via the train....” INVESTMENT OPPORTUNITY • • 18 DEVELOPMENT PROJECTS DEVELOPMENT PROJECTS

RESORTS WORLD

Excerpt from tophotel.news By Sorcha O’Higgins | July 2020

”Hilton Worldwide has partnered with on the US$4.3 billion integrated resort, which is currently being developed by Genting Berhad ahead of its scheduled opening in the summer of 2021. The landmark project will feature no fewer than three of the hospitality company’s premium brands, Hilton Hotels & Resorts, LXR and Conrad, bringing a combined total of 3,500 rooms to America’s playground.

Ian Carter, president of global development, architecture, design and construction at Hilton, said: “Our strategic partnership with Resorts World Las Vegas underscores Hilton’s commitment to expanding our footprint and portfolio of exceptional properties. This will mark our largest multi- brand deal in company history, and we are excited to work with our new partners to create a distinct hotel experience in an unbeatable location for our future guests and Hilton Honors members

Scott Sibella, president of Resorts World Las Vegas, said: “With our commitment to redefining the luxury hotel standard in Las Vegas, it was only natural for us to partner with Hilton, a leader in the global hospitality industry. Hilton embodies the values and top-level hospitality that align with Resorts World’s priority of bringing an unmatched guest experience to the Las Vegas market.”

This unmatched guest experience will doubtless be helped by the symbolic return of Las Vegas Hilton, once the world’s largest hotel. And the new Las Vegas Hilton at Resorts World will sit alongside high-end properties operating under the LXR and Conrad brands.

Guests will be able to experience world-class performances at a 5,000-capacity theatre and 220,000 sq ft pool complex, while business travellers will find all of their needs catered for across 350,000 sq ft of meeting and convention space...”

HOWARD HUGHES SUMMERLIN

Excerpt from reviewjournal.com January 2021

”The Corporation®, developer of the Summerlin® master-planned community (MPC) and its 400-acre Downtown Summerlin®, today announced a comprehensive vision for the area’s walkable urban center that includes a new Class-A office building, 1700 Pavilion, along with a second phase of the Tanager luxury apartment complex, Tanager Echo.

The revitalized master plan is the result of an extensive exploration of new ways to integrate innovative design, architecture, and state- of-the-art amenities into Summerlin’s downtown urban core, while enhancing Downtown Summerlin’s connectivity — between its retail area and entertainment offerings, and with the natural setting that defines the award-winning community.

Through a series of strategic, market-driven development phases, Downtown Summerlin will continue to expand as a vibrant, mixed-use community. With a growing population of Class-A office tenants, full-time residents, hotel guests and sports fans, Downtown Summerlin will further establish itself as a sought-after urban destination, embodying Summerlin’s hallmark healthy, active, outdoor lifestyle.

The new ten-story office building,1700 Pavilion, spans 267,413 square feet and is situated on just under three acres directly south of the ®, featuring vantage points with one-of-a-kind views of the entire valley, from The Strip to Red Rock Canyon...”

INVESTMENT OPPORTUNITY • • 19 DEVELOPMENT PROJECTS

AXIOM CORPORATE CENTER

Excerpt from news3lv.com February 2020

”The southwest valley saw another real estate development begin taking shape on Friday, Feb. 8, as an all-glass corporate center broke ground near I-215 and Rainbow Boulevard.

Sansone Companies, the same group that revitalized the in the east valley, was joined by Clark County Commission Michael Naft at the official groundbreaking ceremony.

The new corporate center, which spans 160,000 square feet and features a striking modern design, is called AXIOM and is one of the first corporate offices in the corridor.

“AXIOM’s groundbreaking will be a catalyst and cornerstone to our prospering business economy,” Commissioner Naft said, “I am honored to be a part of this moment and look forward to the future that AXIOM has in store and thank Sansone Companies for their vision and commitment to quality of excellence in our development community.”

The location is placed between Summerlin and the Green Valley area in Henderson, putting it at the center of southwest Las Vegas.

The property will consist of two 80,000-square-foot four-story twin buildings conjoined by a four-level parking garage.

The area around AXIOM contains all sorts of restaurants and shopping with The Arroyo Market Square as well as a number of other commercial centers nearby...”

LAS VEGAS CONVENTION CENTER

Excerpt from reviewjournal.com January 2021

”The West Hall expansion will cost the Las Vegas Convention and Visitors Authority a little more than board members originally expected.

The LVCVA board of directors on Tuesday amended its contract and approved a payment of $6.75 million to the Turner Martin-Harris Joint Venture for the cost overrun.

LVCVA President and CEO Steve Hill said an additional payment would likely be made in the months ahead as the contractor and Miller Project Management, the LVCVA’s hired owner representative, reconcile additional charges resulting from social distancing requirements in the construction process from the COVID-19 pandemic.

The 2 percent additional cost of the latest change orders is within the contracted overrun expectation for a project of that scale and the building’s total cost increased to $987.1 million. The overrun is being paid out of a budgeted contingency fund.

The LVCVA took possession of the building with a temporary certificate of occupancy on Dec. 21 and considers the project 99 percent completed. leading to Stations 1 and 3 of the facility’s people-mover developed by Elon Musk’s Boring Co.; and bollards protecting station entrances...” james s. han, ccim derek belanus VP of Commercial Sales & Leasing VP of Commercial Sales & Leasing  702 825 2125  702 286 2355  [email protected][email protected] License: NV BS.0144720 License: NV BS.0143114.PC DISCLAIMER

CONDITIONS CONCERNING REVIEW OF THIS OFFERING

This Offering Memorandum is provided to you by Northcap Commercial and is intended solely for your limited use and benefit in determining whether you desire to express further interest in purchasing the property described in the attached documentation (the “Property”). The providing of this package to you and your use thereof is conditioned upon your agreement to the terms set forth below.

This package contains selected information pertaining to the Property which was provided by the owner to broker. It does not purport to be a representation of the state of affairs of the current owner, tenant(s), nor should it be construed to contain all or part of the information which prospective investors would deem necessary to evaluate the Property for purchase. Any financial projections and information provided are for general reference purposes only, are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the current owner and Northcap Commercial. All projections, assumptions and other information provided are made herein are subject to material variation. The projections are based on assumptions relating to the general economy and local competition, among other factors. Accordingly, actual results may vary materially from such projections.

Northcap Commercial has not independently investigated the accuracy of the information within the package, as such information was obtained by the owner and/or public records. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers.

Neither the owner, Northcap Commercial, nor any of their respective directors, officers, agents, affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of the information contained within this package or any supplemental information provided after the delivery of this package to you, and no legal commitment or obligation shall arise by reason of your receipt of this package or use of its contents. Please also refer to the disclaimer at the bottom of each page of this package, which disclaimer is incorporated herein by reference.

You should understand and be advised that the owner of the Property expressly reserves the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with you or any other party at any time with or without notice which may arise as a result of this package. The owner shall have no legal commitment or obligation to you or any other party reviewing this package, nor shall the owner be required to accept an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligation therein have been satisfied or waived.

By receipt of this brochure, you agree that this brochure and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this brochure or any of its contents to any other entity without the prior written authorization of owner or Northcap Commercial. You also agree that you will not use this brochure or any of its contents in any manner detrimental to the interest of the owner or Northcap Commercial.

This package describes certain documents including leases and other materials, which documents are described in summary form only. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected and advised to review all such summaries and other documents of whatever nature independently with legal counsel, tax and other professionals of their choice who have the expertise to assist in investigating this information in detail. You are therefore advised not to rely solely on this Memorandum as part of your investigations on this Property. If you have no interest in further pursuing this Property, please return this package to Northcap Commercial.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT LISTING AGENTS FOR MORE DETAILS.

Tivoli Village | 400 S Rampart Blvd. Ste 220 | Las Vegas, NV 89145 | www.northcapcommercial.com